Ssi Securities Corp. · HOSE:SSI
Ssi Securities — Investor Presentation (August 2019)
32 slides from Ssi Securities's investor presentation, August 2019
Slide 1: SSI Securities Corporation Corporate Presentation
SSI SECURITIES CORPORATION Corporate Presentation August 2019
Slide 2: Corporate Overview
CORPORATE OVERVIEW SSI SECURITIES CORPORATION Establishment Dec 1999 Charter Capital VND 5,100.64 billion (~ USD 211.7 million) Listing HNX in Dec 2006, switched to HOSE in Oct 2007 Bloomberg ticker: SSI VN Current Market Cap VND 11,889 billion (~ USD 520 million) Subsidiary SSI Asset Management Co.
Slide 3: Market Leading Position
MARKET LEADING POSITION Market Share Total Assets Total Equity VN30 list Awards ranked 1st among ranked 1st among The only securities Best Securities House Largest brokerage peers peers brokerage firm in VN by Asiamoney marketshare in consecutive FY2018 – USD 1 FY2018 – USD 370 selected in top 30 Be
Slide 4: Milestones
MILESTONES ▪ 08/2007: SSI Asset ▪ 09/2015: SSI became the Management (SSIAM), a first company that officially subsidiary of SSI, was lift its limit of foreign founded. ownership up to 100% ▪ 10/2007: SSI stock was ▪ 05/2017: SSI was granted listed on HNX in 2006 then with securities trading license
Slide 5: Stock Information
STOCK INFORMATION Shareholder structure Ticker: SSI Exchange: HOSE Market capitalization: VND11,889 billion (as of 31 July 2019) Number of common share: 510,063,684 Stock price & Trading volume Number of outstanding 509,170,274 share: 52-week high: VND33,600 52-week low: VND23,200 EPS: VND2,168 5
Slide 6: 2018 Highlights
2018 HIGHLIGHTS Consolidated Revenue VND 3,997 billion Up 31% YoY Total Asset VND 23,825.6 billion Up 27% YoY Client 153,000 accounts Up 16% YoY Company Size 1,026 emloyees at 14 locations 6
Slide 7: Financial Position
FINANCIAL POSITION 1H2019 Consolidated Revenue Structure 1% 2% 33% 43% 21% Securities Services Principal Investment Treasury SSI AM IB and Others Unit: billion VND 7
Slide 8: Securities Services
SECURITIES SERVICES 2018 Highlights Strategy No.1 in terms of brokerage market share for consecutive 5 years Diversify product offerings to tailor for all customer segments Impressive growth: revenue up 42.6% YoY, profit up16.2% YoY Invest in innovative technology & solutions Margin balance size top
Slide 9: Securities Services: Leading Institutional Brokerage Team
SECURITIES SERVICES Leading Institutional Brokerage Team EQUITY TRADING INSTITUTIONAL SALES CORPORATE ACCESS ▪ Top 3 best traders in Vietnam ▪ Top 3 best sales reps in Vietnam ▪ Host sector & industry-focused (#1,#2,#3) 5 years in a row – (#1,#2,#3) 5 years in a row – events & arrange: voted by inte
Slide 10: Securities Services: Institutional Client Services
SECURITIES SERVICES Institutional Client Services Large research team with in-depth local knowledge Full coverage of all big IPOs, 70 ➢ Close ties with local firms, local experts and the Government 70% companies - equal to 70% total market cap Bodies ➢ Strict compliance with CFA code of ethics ➢ Bro
Slide 11: Securities Services: Major Awards
SECURITIES SERVICES Major Awards 2013 – 2018 2018 Highlights #1 “Best Execution in Vietnam” #1 “Best Local Brokerage in Vietnam” #1 “Best Sales Trader” #1 “Best for Overall Country Research in Vietnam” #1 “Best Sales Person” #1 “Best Overall Sales Services” 2015 – 2018 “Best Institutional Broker in
Slide 12: Investment Banking
INVESTMENT BANKING SSI provide investment banking services as following: Strategy: Strive to maintain the market leader position through: Equitization/ IPO Focus on providing full solution services Listing advisory Corporate financial restructuring Capital raising services (ECM / DCM) Cross border M
Slide 13: Investment Banking: Major Deals
INVESTMENT BANKING Major deals Tienphong Commercial VinHomes (VHM) The PAN Group Vincom Retail JS Bank (TPB) (PAN) (VRE) Deal size: USD 94 mil Deal size: USD 1.35 bil Deal size: USD 35 mil Deal size: USD 742 mil Private placement & listing Secondary offering & listing Private Placement IPO No Va Lan
Slide 14: Investment Banking: Major Awards
INVESTMENT BANKING Major Awards 2015, 2018, 2019 “Best ECM House in Vietnam” 2010, 2011, 2014, 2016, 2018, 2019 “Best Investment Bank” 2017 “Best Private Equity Deal in Asia Pacific “ for VRE deal 2011 – 2014 “Best Investment Bank” 2017 “Best Equity Advisor” 2017 “Best Regional Private Equity Deal “
Slide 15: Principal Investment
PRINCIPAL INVESTMENT Revenue 2018 Highlights • Investment value: VND 3,514 billion 1,200 1092.9 (market price as of 31/12/2018) 1060.8 • Successful divestments from some investments resulted in 1,000 933.98 861.98 expected profits 800 735.39 • Profit margin of passive portfolio surpassed VN-index 60
Slide 16: Treasury
TREASURY Revenue 600% 800 759.1 Financial safety 500% ratio 2018 700 600 400% 487.4 500 300% 400 365.97 300 261.36 266.62 200% 200 100% 100 0 0% 2014 2015 2016 2017 2018 1 2 3 4 5 6 7 8 9 10 11 12 Unit: Billion VND Strategy: Keep the company’s capital intact & diversify its structure Prudently and a
Slide 17: Treasury: Financial Institution Partnerships
TREASURY Partnership with a large number of well-known financial institutions 17
Slide 18: SSI Asset Management
SSI ASSET MANAGEMENT SSIAM ➢ 100%-owned by SSI Securities Corp. (SSI) ➢ Established firm with 10 years of experience in providing investment management services in Vietnam to foreign and local institutional and individual clients. ➢ Investment team of 15 highly competent fund managers and analysts o
Slide 19: SSI Asset Management: Total AUM
SSI ASSET MANAGEMENT SSIAM’s Total AUM SSI Asset Management (SSIAM) provides investment Private Wealth management services and offers investment products Management, 5.1% Fund Management, primarily through separately managed accounts, mutual 65.9% 11.98 funds, and private equity funds to a diverse s
Slide 20: SSI Asset Management: Fund Performance
SSI ASSET MANAGEMENT SSI Sustainable Competitive Advantage Fund (SSI-SCA) SSI Bond Fund (SSI-BF) 14.71% VN-Index SSI-SCA 115 113 220 111 200 82.71% 109 180 160 107 140 105 120 103 100 101 80 99 09/2014 07/2015 05/2016 03/2017 01/2018 11/2018 07/2019 08/2017 12/2017 04/2018 08/2018 12/2018 04/2019 07
Slide 21: SSI Asset Management: Major Awards
SSI ASSET MANAGEMENT Major Awards 2014 - 2015 “Best Investment Management Company” 2012 – 2016 2012 & 2014 – 2016 – 2017 – 2018 “CEO of the year” to Ms. Le Le Hang – CEO (SSIAM) “Best Fund Management Company” 2012, 2013, 2016 “Best Fund Management Company” 2015 – 2016 – 2017 – 2018 “Best Fund Manage
Slide 22: Our Focus
OUR FOCUS Exceptional Client Franchise Operating With Principles Maximizing Long-term Shareholder’s Values 22
Slide 23: Exceptional Client Franchise
EXCEPTIONAL CLIENT FRANCHISE 23
Slide 24: Operating With Principles
OPERATING WITH PRINCIPLES 2013 2018 Total Asset VND 7,981 bil VND 23,825.6 bil Strong Capital & Liquidity Equity VND 5,192 bil VND 9,155.6 bil Significantly Risk Control & Management Improved Financial 300% 480% Profile Financial Safety ROE 8.9% 14.23% Commitment to expense control 24
Slide 25: Sustainability & Responsibility
SUSTAINABILITY & RESPONSIBILITY To achieve our financial targets and create value for Our Clients, Investors, Partners, and Society we focus on: Clients, Culture, Employees, Partners, Capital & Risk Management, Corporate Responsibility Always put our clients’ need first. Being SSI developed a unique
Slide 26: Our People
OUR PEOPLE NGUYEN DUY HUNG (Mr.) NGUYEN HONG NAM (Mr.) Founder, Chairman cum CEO BOD Member cum Deputy CEO With decades of experience in securities and Mr. Nam has been a successful leader in many business investment industry, Mr. Hung is a nationally areas. Mr. Nam received his master degree from L
Slide 27: Our People
OUR PEOPLE BUI THE TAN (Mr.) NGUYEN DUY LINH (Mr.) Managing Director, Retail Brokerage Deputy Managing Director, Retail Brokerage Mr. Tan has broad knowledge on banking and stock Mr. Linh has over 10 years in securities market and a wide exchange. He is one of the first few people earned range of fi
Slide 28: Our People
OUR PEOPLE MAI HOANG KHANH MINH (Mr.) MICHAEL JOSEPH LYNCH (Mr.) Managing Director, Institutional Brokerage Managing Director, Institutional Brokerage Mr. Minh has a broad knowledge and is well- Mr Michael Joseph Lynch has been appointed as educated in finance and banking. Managing Director – Instit
Slide 29: Our People
OUR PEOPLE NGUYEN NGOC ANH (Ms.) NGUYEN VU THUY HUONG (Ms.) Managing Director, Investment Banking Managing Director, Treasury/ Principal Investment Ms. Anh has substantial experience and knowledge Ms. Huong has more than 15 years of working of investment projects valuation and other aspects of exper
Slide 30: Our People
OUR PEOPLE LE THI LE HANG (Ms.) TO THUY LINH (Ms.) CEO, SSI Asset Management COO, SSI Asset Management Ms. Hang Le has many years of working experience Ms. Linh is in charge of Business Development, Product in SSI Asset Management and at W.P. Stewart, a Development, Operations, Legal and Compliance,
Slide 31: Contact SSI
CONTACT SSI INVESTOR RELATIONS Address: 1C Ngo Quyen street, Hoan Kiem district, Ha Noi, Vietnam Tel: +84 (24) 39366321 Fax: +84 (24) 39366311 Email: [email protected] Website: https://www.ssi.com.vn/en/investor-relation 31
Slide 32: Thank You
THANK YOU {1/441 Please :